Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class A Common Stock | Sale | -$2.55M | -68.9K | -100% | $36.98 | 0 | Mar 22, 2024 | Directly held by GCGM Investment Holdings, LP | F1, F2, F3, F4 |
holding | IOT | Class A Common Stock | 671K | Mar 22, 2024 | Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12 | ||||||
holding | IOT | Class A Common Stock | 47.8K | Mar 22, 2024 | Directly held by the Taneja Heritage Trust | ||||||
holding | IOT | Class A Common Stock | 2M | Mar 22, 2024 | Directly held by General Catalyst Group XI - Endurance, L.P. | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | IOT | Class B Common Stock | 11.2M | Mar 22, 2024 | Class A Common Stock | 11.2M | $0.00 | Directly held by General Catalyst Group VIII, L.P. | F6 | |||||
holding | IOT | Class B Common Stock | 8.59M | Mar 22, 2024 | Class A Common Stock | 8.59M | $0.00 | Directly held by GC Venture VIII-B, LLC | F6 | |||||
holding | IOT | Class B Common Stock | 4.52M | Mar 22, 2024 | Class A Common Stock | 4.52M | $0.00 | Directly held by General Catalyst Group X - Endurance, L.P. | F6 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.64 to $37.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4. |
F2 | General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of GCGM Investment Holdings, LP ("GCGM IH") and General Catalyst Group Management Holdings, L.P. ("GCGMH"), which is the manager of General Catalyst Group Management, LLC ("GCGM LLC"), which is (a) the manager of GC Venture VIII Manager, LLC ("GCVVIII Manager"), which is the manager of GC Venture VIII, LLC ("GCVVIII"), (b) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (c) the manager of General Catalyst GP VIII, LLC ("GCGPVIII"), which is the general partner of General Catalyst Partners VIII, L.P. ("GCPVIII"), which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII"), |
F3 | (Continued from Footnote 2) GCSE VIII, L.P. ("GCSE") and (d) the manager of General Catalyst GP X - Growth Venture, LLC, which is the general partner of General Catalyst Partners X - Growth Venture, L.P., which is the general partner of General Catalyst Group X - Endurance, L.P. ("GCGXE"). |
F4 | (Continued from Footnote 3) The Reporting Person is a managing member of GCGMH LLC and a director of the Issuer. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
F5 | GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). The Reporting Person is a managing member of GCGMH LLC. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
F6 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |